If you are interested in international property investment we are going to look at a great destination here which has been voted one of the best property investments in the world, with average forecast growth of nearly 300% over the next 10 years and the country is Slovenia. Here we will look at why Slovenia property investment is hot.
Slovenia is a country that is attracting both European and North American real estate investors and interest is at an all time high.
Slovenia Location
Many people have not heard of Slovenia but it is a small recent member of the European Community and has the highest GDP of any new member and is situated right at the heart of Europe bordering: Austria, Hungary, Croatia and Italy.
Recent membership of the EU has seen billions of dollars invested in the country from the European community and private investors.
The Result?
Disposable incomes are higher than ever before, this has led to an increased demand for high quality housing and demand is simply out stripping supply.
For example, property in Ljubljana (the capital) has been increasing by30% in many areas - but the growth is not just restricted to the capital. The second city of Maribor and the coastal resort of Piran have also seen strong rises.
Future prospects
The future prospects for growth in Slovenia property prices are good, not only does the country have a solid growth internally, it is actively promoting its tourist industry and this means a huge influx on people wanting high quality accommodation to rent and looking for holiday homes.
Slovenia is a small, beautiful country and has much to enjoy.
It is a country of soaring mountain peaks, dense alpine forests, valleys dotted with vineyards, mighty rivers and even a small unspoilt section of Adriatic coastline.
Skiing is popular and property located in or close to these resorts are popular choices - great areas to buy in are:
Around the towns of Bled, Bohinj, Maribor and Kranjska Gora. Other areas set to rise in popularity are, the towns around the beautiful Soca Valley and the coastal region around Piran.
Property is still keenly priced, with good upside potential and you can not only benefit from great capital gains but also solid rental incomes and there are Slovenia properties to suit every budget.
Buying is straightforward and the local laws are designed to protect both buyers and sellers and you can arrange local finance for the property which is secured on the property in Slovenia, not your principle place of residence.
There are plenty of Slovenia estate agents to help you find your investment property and many cater specifically for international investors.
So, if you are interested in international property investment, consider Slovenia and you may be glad you did.
